Finance & Business Management - Senior Associate
JPMorganChase
Join our Corporate & Investment Bank Vendor Management team and be responsible for scoping and promoting the vendor management strategy, as well as executing vendor related processes across the Corporate & Investment Bank. You will ensure that the Corporate & Investment Bank achieves the most optimal commercial and quality delivery from our vendors (labor/consultants and software/hardware).
As a Finance & Business Management – Senior Associate in the Corporate & Investment Bank Vendor Management team, you will manage and execute vendor related processes, including contracting, approvals, on-boarding, invoicing, and related reporting. You will collaborate with stakeholders, including Technology/Operations/Product teams, Finance and Business Managers, Sourcing, Third Party Oversite/Supplier Oversite Services, Global Technology, and Vendor Management teams within other lines of businesses.
In addition, you will enable continuous process improvement across the vendor management space by maturing existing engagements, managing transitions for any new engagements, and consolidating contracts and processes. You will also champion the Software Asset Management tool used for portfolio management of software contracts, as well as maintain a strong control posture relative to vendor exposure and risk.
Job responsibilities
- Support day to day stakeholder and vendor relationships and vendor governance/controls (example: liaise with technology/operations and product stakeholders to understand pipeline and vendor requirements, resource planning and financial impact, and provide ad-hoc analysis/reporting.
- Support contract reviews and renewals, partnering with sourcing to ensure that all documentation is up to date and progressing through process and approvals within Ariba and/or Beeline systems.
- Support data integrity (i.e. resolve discrepancies) within our Central Management Data Base and work on analytics and reporting based on this data.
- Support and help maintain Third Party Oversight engagements in COMPASS, engaging appropriate stakeholders as needed on vendor risk and controls.
- Support vendor resource on-boarding process, including all issues/escalations resolution.
- Execute purchase orders/invoice processing, including purchase order initiation and invoice data validation, accruals data provision and estimates, and invoice tracking.
- Support contract execution by writing up concise executive level summaries, synthesizing information from source systems (COMPASS, Ariba, Beeline, etc.) and reviews with delivery teams.
- Manage the Software Asset Management tool including updates for contract inventory and annual financials, managing user access, etc.
- Work with the Enterprise Tech team to ensure Software Asset Management related queries/issues are resolved and ensure additional feature requirements are addressed.
Required qualifications, capabilities, and skills
- At least 4 years of experience supporting technology, operations or product organizations within the financial services industry working with third party vendors.
- Experience working in global teams across multiple regions, enabling a ‘one team’ culture and a positive working environment, while respecting cultures and capabilities across all locations.
- Advanced proficiency with Microsoft Office tools, especially Excel and PowerPoint, and experience with Ariba and/or Beeline systems.
- Ability to demonstrate excellent stakeholder and client management skills.
- Excellent written and verbal communication skills.
- Detail oriented, with ability to complete reporting and analytics accurately, timely, and in a presentable manner.
- Self-motivated, going beyond immediate responsibilities, with ability to work independently as well as be a team player.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Scope and promote the vendor management strategy and execute vendor related processes.